Road Roller Market Analysis, Future Prospects, Regional Trends and Potential of the Industry from 2018-2025
20 November 2018 - Global Road
Roller Market is expected to witness a significant growth on
account of its increasing application in the construction industry. Road
rollers are heavy engineering vehicle which is designed to compact asphalt,
soil, concrete in road construction. They use the weight of the vehicle to
compress the surface. It consists of a drum compactor that compacts the surface
beneath till it is smooth. An average ride on roller weighs around 20 tons and
cost approximately USD 150000. Human propelled rollers gained popularity during
the last decade on account of rapid growth in urban construction. Increasing usage of rollers in urban
construction is a major application driving the overall demand. These machines
are used in road construction to flatten the road surface and asphalt. Further,
the rise in private players in road construction has propelled the usage of
rollers. Railway construction is another application driving the overall roller
demand. These heavy machines are used to flatten the land before laying of
tracks. Arid land is usually flattened before making its use for commercial or
agricultural purposes.
The
defense sector has been using this equipment on a large scale for military
engineering missions. They have been used by various defense forces for the
construction of bridges and roads. The high cost of this equipment is expected
to challenge the industry growth in near future. These machines require a high
amount of maintenance and lubrication for efficient and safe usage. Further,
such heavy equipment must be used by trained professionals to avoid accidents
causing on account of negligence. Road Roller Industry is segmented on the
basis of its product design which is based upon the drum type. The drums vary
in terms of number, diameter, and weight. A two drum roller especially filled
with water to achieve the desired weight have been used at construction sites.
It is convenient to carry the lighter vehicle to the construction site and then
fill them with water.
View Full Report
with TOC @ https://www.millioninsights.com/industry-reports/road-roller-market
Asia
Pacific has been the leading market in recent years in terms of demand and is
expected to continue its dominance on account of increasing real estate
construction. Emerging economies such as India, China, South Korea, Malaysia,
and Indonesia account for the majority of the demand owing to increasing
government expenditures for infrastructure development. Further, regional
demand is followed by North America mainly on account of sophisticated
construction techniques and defense applications. Europe is expected to show a
steady growth, mainly in the North, owing to its increasing application in
construction of bridges and railways. South America and Africa offer bright
prospects over the forecast period mainly due to the growing road
infrastructure industry. The Middle East witnessed a significant growth over
the last decade owing to the tremendous spending on road development.
Major
players operating in the market are ABG, Tampo, Volvo, Ingersoll Rand, Kamani
Engineering, Caterpillar, Hyster, Sany, Vibromax and Marshall. Most of these
companies offer their products on rent and lease basis or on long-term loans in
order to propel their sales. Further, collaboration with mining and
construction industries play an important role in developing strong strategic
relations. GE mining and Komatsu entered into a collaboration for developing
next generation machines. Caterpillar is a popular manufacturer and most
selling in terms of construction and mining equipment. Their products are being
used by the various defense forces which include the U.S, Israel, Sweden,
Norway, Denmark, and the Netherlands. They have in all 110 production
facilities with nearly half of them in the U.S.
Market Segment:
The major manufacturers covered in this
report
•
BOMAG
•
Caterpillar
•
Dynapac
•
Volvo
•
Wirtgen
•
Xugong
•
Liugong
•
Shantui
•
YTO
•
Sany
Geographically, this report studies the
top producers and consumers, focuses on product capacity, production, value,
consumption, market share and growth opportunity in these key regions, covering
•
North America
•
Europe
•
China
•
Japan
•
Other Regions
Request Sample
Copy of This Report @ https://www.millioninsights.com/industry-reports/road-roller-market/request-sample
Comments
Post a Comment